Top Renewable Energy Stocks To Consider – April 1st

Petróleo Brasileiro S.A. – Petrobras, Southern, WEC Energy Group, Quanta Services, Bank of New York Mellon, Rockwell Automation, and CMS Energy are the seven Renewable Energy stocks to watch today, according to MarketBeat’s stock screener tool. Renewable energy stocks refer to shares in companies that generate power from renewable sources such as solar, wind, geothermal, and hydroelectric technologies. These stocks allow investors to support environmentally sustainable energy solutions while potentially benefiting from the expanding clean energy market. These companies had the highest dollar trading volume of any Renewable Energy stocks within the last several days.

Petróleo Brasileiro S.A. – Petrobras (PBR)

Petróleo Brasileiro S.A. – Petrobras explores, produces, and sells oil and gas in Brazil and internationally. The company operates through three segments: Exploration and Production; Refining, Transportation and Marketing; and Gas and Power. The Exploration and Production segment explores, develops, and produces crude oil, natural gas liquids, and natural gas primarily for supplies to the domestic refineries.

Petróleo Brasileiro S.A. – Petrobras stock traded up $0.19 during trading on Tuesday, reaching $14.53. The company had a trading volume of 20,340,519 shares, compared to its average volume of 16,704,981. The company has a debt-to-equity ratio of 0.65, a quick ratio of 0.71 and a current ratio of 0.94. The firm’s 50-day simple moving average is $13.87 and its 200 day simple moving average is $13.93. The firm has a market capitalization of $93.66 billion, a PE ratio of 5.69, a price-to-earnings-growth ratio of 0.18 and a beta of 1.39. Petróleo Brasileiro S.A. – Petrobras has a 1-year low of $12.45 and a 1-year high of $17.44.

Southern (SO)

The Southern Company, through its subsidiaries, engages in the generation, transmission, and distribution of electricity. The company also develops, constructs, acquires, owns, and manages power generation assets, including renewable energy projects and sells electricity in the wholesale market; and distributes natural gas in Illinois, Georgia, Virginia, and Tennessee, as well as provides gas marketing services, gas distribution operations, and gas pipeline investments operations.

Shares of NYSE SO traded down $0.18 during trading on Tuesday, hitting $91.78. The company had a trading volume of 1,962,238 shares, compared to its average volume of 4,493,471. Southern has a fifty-two week low of $67.53 and a fifty-two week high of $94.45. The company has a quick ratio of 0.66, a current ratio of 0.67 and a debt-to-equity ratio of 1.60. The stock has a fifty day simple moving average of $87.51 and a two-hundred day simple moving average of $87.27. The firm has a market capitalization of $100.66 billion, a price-to-earnings ratio of 22.89, a price-to-earnings-growth ratio of 3.01 and a beta of 0.46.

WEC Energy Group (WEC)

WEC Energy Group, Inc., through its subsidiaries, provides regulated natural gas and electricity, and renewable and nonregulated renewable energy services in the United States. It operates through Wisconsin, Illinois, Other States, Electric Transmission, and Non-Utility Energy Infrastructure segments.

WEC Energy Group stock traded down $0.20 during midday trading on Tuesday, reaching $108.78. The company had a trading volume of 1,232,416 shares, compared to its average volume of 2,328,735. WEC Energy Group has a 12-month low of $77.47 and a 12-month high of $110.19. The firm’s fifty day simple moving average is $103.79 and its 200-day simple moving average is $99.04. The company has a debt-to-equity ratio of 1.37, a current ratio of 0.60 and a quick ratio of 0.43. The company has a market capitalization of $34.35 billion, a P/E ratio of 22.52, a P/E/G ratio of 2.60 and a beta of 0.45.

Quanta Services (PWR)

Quanta Services, Inc. provides infrastructure solutions for the electric and gas utility, renewable energy, communications, and pipeline and energy industries in the United States, Canada, Australia, and internationally. The company’s Electric Power Infrastructure Solutions segment engages in the design, procurement, construction, upgrade, repair, and maintenance of electric power transmission and distribution infrastructure and substation facilities; installation, maintenance, and upgrade of electric power infrastructure projects; installation of smart grid technologies on electric power networks; and design, installation, maintenance, and repair of commercial and industrial wirings.

PWR stock traded up $1.34 during midday trading on Tuesday, reaching $255.52. The stock had a trading volume of 515,758 shares, compared to its average volume of 1,702,086. Quanta Services has a 52-week low of $227.11 and a 52-week high of $365.88. The company has a current ratio of 1.30, a quick ratio of 1.19 and a debt-to-equity ratio of 0.56. The company’s fifty day simple moving average is $281.43 and its 200 day simple moving average is $304.95. The company has a market cap of $37.87 billion, a price-to-earnings ratio of 42.37, a price-to-earnings-growth ratio of 1.41 and a beta of 1.10.

Bank of New York Mellon (BK)

The Bank of New York Mellon Corporation provides a range of financial products and services in the United States and internationally. The company operates through Securities Services, Market and Wealth Services, Investment and Wealth Management, and other segments. The Securities Services segment offers custody, trust and depositary, accounting, exchange-traded funds, middle-office solutions, transfer agency, services for private equity and real estate funds, foreign exchange, securities lending, liquidity/lending services, and data analytics.

Shares of NYSE:BK traded down $0.49 during midday trading on Tuesday, hitting $83.38. The company’s stock had a trading volume of 1,350,809 shares, compared to its average volume of 3,889,933. The company has a market cap of $59.86 billion, a P/E ratio of 14.38, a price-to-earnings-growth ratio of 0.97 and a beta of 1.06. Bank of New York Mellon has a 12-month low of $52.64 and a 12-month high of $90.34. The business’s 50 day simple moving average is $85.35 and its 200 day simple moving average is $79.80. The company has a debt-to-equity ratio of 0.83, a quick ratio of 0.70 and a current ratio of 0.69.

Rockwell Automation (ROK)

Rockwell Automation, Inc. provides industrial automation and digital transformation solutions in North America, Europe, the Middle East, Africa, the Asia Pacific, and Latin America. The company operates through three segments, Intelligent Devices, Software & Control, and Lifecycle Services. Its solutions include hardware and software products and services.

ROK traded down $1.23 during trading on Tuesday, reaching $257.15. The company’s stock had a trading volume of 406,054 shares, compared to its average volume of 845,796. Rockwell Automation has a 1 year low of $242.81 and a 1 year high of $308.70. The company has a market cap of $29.08 billion, a price-to-earnings ratio of 32.06, a PEG ratio of 3.53 and a beta of 1.39. The company has a quick ratio of 0.72, a current ratio of 1.08 and a debt-to-equity ratio of 0.72. The firm has a fifty day simple moving average of $278.36 and a two-hundred day simple moving average of $278.91.

CMS Energy (CMS)

CMS Energy Corporation operates as an energy company primarily in Michigan. The company operates through three segments: Electric Utility; Gas Utility; and Enterprises. The Electric Utility segment is involved in the generation, purchase, transmission, distribution, and sale of electricity. This segment generates electricity through coal, wind, gas, renewable energy, oil, and nuclear sources.

NYSE:CMS traded down $0.17 during trading hours on Tuesday, hitting $74.94. The company had a trading volume of 1,095,242 shares, compared to its average volume of 2,229,415. CMS Energy has a 1 year low of $56.61 and a 1 year high of $75.55. The company has a market cap of $22.39 billion, a P/E ratio of 22.56, a P/E/G ratio of 2.56 and a beta of 0.35. The company has a 50-day moving average of $70.61 and a 200 day moving average of $69.31. The company has a current ratio of 0.79, a quick ratio of 0.57 and a debt-to-equity ratio of 1.80.